Fed Hike Odds Surge on Inflation Data as Treasury Yields Spike; OpenAI Eyes Power Grid

· thestockmarketwatch.com

Market expectations for a Federal Reserve interest rate hike in September have surged to 70% this morning. This shift follows analyst estimates for August

Key Takeaways

Fed-funds futures have shifted to a 70% probability of a September interest rate hike following firm inflation components and core CPI estimates....


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